Plan Ledger DOL Form 5500 · updated monthly

Garten Wellbeing, Pbc401(k)

GARTEN WELLBEING, PBC 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
1.34%

Garten Wellbeing, Pbc reported $24,890 in plan administrative expenses for 2023: 1.34% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 1.19% to 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,284th of 9,483), and 1,433rd of 2,240 in accommodation & food services. active participation has shrunk from 70 to 39 since 2022.

Plan summary
Net assets, end of year$2,060,655
Participants with balances147
Active participants39
Employer contributions—
Employee contributions$166,990
Employer contribution per active participant—
Average account balance$14,018
Benefits paid to participants$171,386
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $20K emplr
2023$2.1M · 147 accts
2022$1.7M · 161 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,890
Total administrative$24,890
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
LINCOLN FINANCIAL ADVISORS CORP · Investment advisory (plan)$11,434
PLAN DESIGN CONSULTANTS INC. · Contract administrator$1,875
EMPOWER ADVISORY GROUP, LLC · Investment management$894

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$24,890 · 1.34%
2022$22,748 · 1.19%
Similar plansAccommodation & Food Services · California
L.A. Koreana, Inc. CA$2.1M · 0.58%
Gott's Partners, LP CA$2.1M · 0.68%
Mjsc Holdings, LLC CA$2.1M · 1.10%
Excel Hotel Group, Inc. CA$1.9M · 0.16%
Akash Management LLC CA$1.9M · 0.25%
Martin Resorts, Inc. CA$1.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453577136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.